Which of the Following Is Not a Right of a Bailee

question 28

Multiple Choice

Which of the following is not a right of a bailee?

• A) The right to possess the bailed property during the term of the bailment.
• B) The right to use the property in a manner consistent with the terms and purpose of the bailment.
• C) The right to alter the property in order to accomplish the reason for which the bailment was entered into.
• D) The right to retain the bailed property until payment is received.
• E) The right to receive compensation for the bailment unless the bailment is gratuitous.

---

Definitions:

Simple Interest

Interest is calculated merely on the principal or on what part of the principal is still owed.

T-Bill

Short for Treasury Bill, a short-term government security issued at a discount from the face value and maturing at par.

Interest Rates

The percentage of a sum of money charged for its use or paid to investors over a period.

T-Bill

Short for Treasury Bill, a short-term government security issued at a discount from the par value and paying no interest before maturity.